Actuarial Science

The Bachelor of Science in Actuarial Science at the University of Calgary offers students a comprehensive education in the principles of mathematics, statistics, and finance essential for the actuarial profession. This program is designed to equip students with the analytical skills and technical knowledge necessary to assess and manage financial risks in various industries including insurance, pension plans, investment, and consulting. Throughout the degree, students engage in coursework that covers core topics such as probability theory, financial mathematics, actuarial models, and risk management techniques, alongside courses in economics, business, and communications to prepare them for real-world applications.

The Actuarial Science program at Calgary emphasizes both practical skills and theoretical understanding, providing students with opportunities for hands-on experience through projects, internships, and collaborations with industry partners. The curriculum is aligned with the requirements of professional actuarial societies, including the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS), ensuring students are well-prepared for participation in credentialing examinations and professional development.

Students are encouraged to pursue actuarial exams during their undergraduate studies, often completing the first few exams to enhance their employability upon graduation. The program also promotes interdisciplinary learning, integrating courses from mathematics, statistics, economics, and business to develop well-rounded professionals capable of analyzing complex data and making informed financial decisions.

Graduates of the Actuarial Science program at the University of Calgary are well-positioned to enter a growing field with diverse career prospects, including roles as actuaries, risk analysts, data scientists, and financial consultants. The university’s strong industry connections and dedicated career services provide students with support in internships and employment opportunities. With its rigorous curriculum, professional preparation, and supportive academic environment, the University of Calgary’s Actuarial Science program prepares students to excel in the dynamic and evolving fields of risk assessment and management.